Ujjivan small finance bank fixed deposit?
Ujjivan Small Finance Bank FD Rates. Ujjivan Small Finance Bank offers FD interest rates of 3.75-8.25% p.a. to the general public and 4.25-8.75% p.a. to senior citizens on tenures ranging from 7 days to 10 years.
What is the fixed deposit rate of Ujjivan Bank?
| Tenure | Interest Rate (p.a.) (Under ₹2 Crores) |
|---|---|
| 561 Days to 989 Days | 7.50% |
| 990 Days | 7.75% |
| 991 Days to 60 Months | 7.20% |
| 60 months 1 Day to 120 Months | 6.50% |
What is the interest on 5 lakh FD for 1 year?
What is interest on 5 lakh FD for 1 year? The interest on 5 lakh FD for 1 year is INR 34,877 (compounded quarterly). The maturity value of the investment at the end of 1 year will be INR 5,34,877.
What is the highest FD rate in Small Finance Bank 2023?
The highest interest rate of 8.60% is offered on tenure above 2 years to 3 years. The new rates are applicable from August 7, 2023. Unity Small Finance Bank offers interest rates between 4.50 per cent and 9 per cent for tenure ranging from seven days and 10 years.
What is the interest rate for Ujjivan savings account in 2023?
Ujjivan Small Finance Bank offers interest rates between 3.50% to 7.50% on various amounts. The interest rates with the Ujjivan Small Finance Bank are effective as of June 1, 2023. The bank offers 7.50% on savings bank deposits of more than Rs 25 crore.
Is ujjivan fixed deposit safe?
Ujjivan Small Finance Bank is listed in the Scheduled Banks by RBI and has a stable credit rating by various credit rating agencies. Also, the deposits made with the bank are covered with Rs. 5 lakh insurance by Deposit Insurance Credit Guarantee Corporation.
Which FD is highest?
Which bank gives the highest interest rate on FD? As of 2024, Canara Bank offers the highest interest rate of 7.25% for 444 days.
What is the interest of 10 lakh FD in SBI?
| Investment Amount | For 3 years with interest of 6.8% | For 5 years with interest of 6.5% |
|---|---|---|
| ₹ 1 lakh | ₹ 1,22,559 | ₹ 1,38,282 |
| ₹ 2 lakh | ₹ 2,45,118 | ₹ 2,76,563 |
| ₹ 5 lakh | ₹ 6,12,796 | ₹ 6,91,409 |
| ₹ 10 lakh | ₹ 12,25,592 | ₹ 13,82,817 |
How much will I get if I put 10 lakhs in FD?
| FD Amount | Interest Rate Per Year | Interest Earned Monthly (in Rs.) |
|---|---|---|
| Rs. 10 Lakhs | 5.00% | Rs. 4,166.6 |
| Rs. 10 Lakhs | 5.50% | Rs. 4,583.3 |
| Rs. 10 Lakhs | 6.00% | Rs. 5,000.0 |
| Rs. 10 Lakhs | 6.50% | Rs. 5,416.6 |
Is FD for 1 year good?
Overall, a 1-year tenure FD can be a good investment option for those looking for steady and safe returns on their investment, along with some tax benefits. However, it is essential to evaluate the interest rates offered by various banks and choose the one that offers the best rate.
Which bank gives 9 FD rates?
Jana Small Finance Bank offers an interest rate of 9% on FDs maturing between more than two years to less than three years.
Which bank gives 8% interest?
| Banks | Highest FD rate (% p.a.) | 1-year FD rate (% p.a.) |
|---|---|---|
| Ujjivan Small Finance Bank | 8.25 | 8.25 |
| AU Small Finance Bank | 8.00 | 6.75 |
| RBL Bank | 8.00 | 7.50 |
| DCB Bank | 8.00 | 7.15 |
Is Bajaj Finance safe for FD?
With a rating of CRISIL AAA/ STABLE and [ICRA]AAA(Stable), Bajaj Finance FD has the highest safety ratings, which ensure that your investment is safe, with low risks of delays or defaults.
How good is Ujjivan Small Finance Bank?
Ujjivan Small Finance Bank has TTM P/E ratio 8.82 as compared to the sector P/E of 9.33. There are 14 analysts who have initiated coverage on Ujjivan Small Finance Bank. There are 7 analysts who have given it a strong buy rating & 7 analysts have given it a buy rating. 0 analysts have given the stock a sell rating.
How to break fixed deposit in ujjivan?
- Log into your Ujjivan Small Finance Bank's online banking account.
- Once logged in, navigate to the 'Deposits' section to see all your active FDs.
- Choose the particular FD you wish to break.
- There will be an option called 'Break FD' or 'Premature Withdrawal'.
How to invest in Ujjivan Small Finance Bank?
- Open a standalone FD without opening a Savings Account.
- Open an FD for a duration of 6 months to 10 years.
- Fund your fixed deposit by Net Banking / UPI / Debit Card.
- Option to withdraw prematurely without penalty after 6 months.
What is the future of Ujjivan Small Finance Bank?
Ujjivan Small Finance Bank Outlook
ICICI Securities believes that in FY 2024, the total NII could be around 3280 crore. Operating income at Rs 1890 crore, net profit of Rs 1220 crore. In this scenario, promoters hold 73.7 per cent, FPI, as well as MF's share, equals 3.9 percent and 7.1 percent.
Is Ujjivan Bank under RBI?
On receipt of License from RBI, UFSL set up Ujjivan Small Finance Bank (USFB) and USFB commenced its Banking operations from February 1, 2017. We are a 'scheduled bank' included in the Second Schedule to the Reserve Bank of India Act, 1934 and a listed Entity.
Which small finance bank is best for FD?
Equitas Small Finance Bank: This bank offers 8.20 percent on its one-year fixed deposits (FD). For special duration deposits, the interest rate rises even higher. A deposit of 444 days earns an interest of 8.50 percent per annum. A deposit of 888 days gives an interest of 8.25 percent.
Which type of FD is good?
Short-term fixed deposits are best for short-term goals like 7 days to 2 years whereas long-term fixed deposits are best used for long-term goals. You can plan their maturity as per your financial goals to ensure liquidity when required. Knowing more about features and benefits of both fixed deposits.
Are small finance banks safe?
As SFBs are regulated by the RBI and must fulfil the stringent requirements defined by the Central Bank, they can be trusted with your hard-earned money.
Which bank is best for FD for 1 year?
| FD Scheme | Interest Rate | Senior Citizen Rates |
|---|---|---|
| Dhanlaxmi Bank FD | 6.75 % | 7.25 % |
| Central Bank of India FD | 6.75 % | 7.25 % |
| City Union Bank FD | 6.75 % | 7 % |
| South Indian Bank FD | 6.7 % | 7.2 % |
Which is better FD or RD?
The interest amount earned at the end of maturity of a Fixed Deposit is higher than the interest earned on an RD. The interest amount earned is lesser than the interest earned on an FD. The interest earned on an RD is paid on maturity along with the capital amount.
What is the monthly interest on 20 lakhs?
| Deposit Amount | Interest Rate (p.a.) | Monthly Interest Payout |
|---|---|---|
| ₹20 Lakh | 6.50% | ₹ 10,833 |
| ₹20 Lakh | 7.00% | ₹ 11,667 |
| ₹20 Lakh | 7.50% | ₹ 12,500 |
| ₹20 Lakh | 8.00% | ₹ 13,333 |
What is the interest of 25 lakh in SBI per month?
| Bank/NBFC/HFC | Non-Senior Citizen (p.a.) | Monthly Interest Payout |
|---|---|---|
| Jana Small Finance Bank | 7.25% | ₹ 15,104 |
| Kotak Mahindra Bank | 6.20% | ₹ 12,917 |
| SBI | 6.50% | ₹ 13,542 |
| AU Small Finance Bank | 7.25% | ₹ 15,104 |
